Sales and Use Tax Return (ST-3) Instructions **ATTENTION** Effective date: This Form ST -3 is effective for sales beginning April 1, Important changes to Form ST • Transportation local option taxes (TSPLOSTs) are no longer reported separately. TSPLOSTs are now reported in Part B on the same line with other local sales and use odishahaalchaal.com Size: KB. sales and use tax return (e.g., ST-3, ST, ST or ST). If there is no check box at the top of the return to indicate this is an amended return, be sure to write “Amended” at the top of the return. If your local sales and use tax return (e.g., ST) will change, write “AMENDED” across the top of the odishahaalchaal.com Size: 30KB.
Registered sellers who accept fully completed exemption certificates within 90 days subsequent to the date of sale are relieved of liability for the collection and payment of sales tax on the transactions covered by the exemption certificate.
A seller that enters data elements from paper into an electronic format is not required to retain the paper exemption certificate. The seller may, therefore, accept this certificate as a basis for exempting sales to the signatory purchaser and is relieved of liability even if it is determined that the purchaser improperly claimed the exemption.
If it is determined that the purchaser improperly claimed an exemption, the purchaser will be held liable for the nonpayment of the tax. Retention of Certificates — Certificates must be retained by the fork for a period of ho less than four years from the date of the last sale covered by the certificate.
Certificates must be in the physical possession of the seller and available for inspection. Obtain other information establishing that the transaction was not subject to the tax. If the seller obtains this information, the seller is relieved of any liability for the tax on the transaction unless it is discovered through the audit process that the seller had knowledge or had reason to know at the time such information was provided that the information relating to the exemption claimed was materially false or the seller otherwise knowingly participated in activity intended to purposefully evade the tax that is properly due on the transaction.
The burden is for, the Division to establish that the seller had knowledge or had reason to know at the time the information was provided that the information was materially false. Additional Purchases by Same Purchaser — This certificate will serve to cover additional purchases by the same purchaser of the same general type of property. Certificates must be how to fill st 3 form the physical possession of the seller and how do i transfer property into a trust for inspection on or before the 90th day following the date of the transaction to which the certificate relates.
A retail household appliance store owner issues a Resale Certificate when purchasing household appliances from a supplier for resale. A furniture manufacturer issues a Resale Certificate to cover forn purchase of lumber to be used in manufacturing furniture for sale. An automobile service station operator issues a Resale Certificate fom cover the purchase of auto parts to be used in repairing customer cars. A lumber dealer can not accept a Resale Certificate from a tire dealer who is purchasing lumber for use in altering his premises.
A distributor may not issue a Resale Certificate on purchases of cleaning supplies and other materials for his own office maintenance, even though he is in the business of distributing such supplies. A retailer may not issue a Resale How to install fibre cement siding on purchases of office equipment for his own use, even though he is in the business of selling office equipment.
A supplier can not accept a Resale Certificate from a service station owner who purchases tools and testing equipment for use in his business. Send an e-mail to: nj. Products search. Instructions for use of resale certificates — ST-3 1.
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ST-3 but are deducted on Item 4b of the ST-3 Worksheet and included on Item 1 on the ST Local Tax Worksheet. Remember, individual sales made onto the reservation of $ or less by retailers located off the reservation are subject to the state Sales Tax and would not File Size: KB. FORM ST-3 RESALE CERTIFICATE To be completed by purchaser and given to and retained by seller. See instructions on back. Seller should read and comply with the instructions given on both sides of an exemption certificate. TO _____ Date _____ (Name of Seller). Form ST3, Certificate of Exemption Purchaser: Complete this certificate and give it to the seller. Seller: If this certificate is not completed, you must charge sales tax. Keep this certificate as part of your records. This is a blanket certificate, unless one of the boxes below is checked.
What is ST-3 Return? It is a self assessed statutory document notified by the Central Board of Excise and Customs which functions under the Ministry of Finance for the service providers to enable them to declare the value of taxable services provided or received by them and the taxes paid by them for the same. Service Tax Law is based on Self Assessment.
Hence, it is the obligation of the assessee to inform the Service Tax Authorities about his taxable turnover and the amount of tax assessed on the same.
Only when assessee declares the values of services rendered and tax amount paid by him, the Service Tax authorities will be made aware of the fact as per Self Assessment Mechanism. Who is the person liable for filing of ST-3 Returns? Section 69 2 : The Central Government may, by notification in the Official Gazette, specify such other person or class of persons, who shall make an application for registration within such time and in such manner and in such form as may be prescribed.
Therefore, every person who is liable to pay service tax and class of persons who are notified by Central Government as per Section 69 2 are the persons liable to file ST-3 returns. Every registered assessee who is holding the Certificate of Service Tax registration has to file the ST-3 returns in the intervals specified by the Government till he surrenders the certificate.
What is the periodicity of the ST-3 return and when the same has to be submitted? April — September and October — March. The return has to be submitted within 25th of the month following the particular half year.
In other words, the return for the period April to September has to be filed on or before 25th October succeeding the half year and the return for the period October to March has to be filed on or before 25th April succeeding the half year. Is there any requirement to file a list of documents and records maintained by the assessee to the Service Tax Department? Every assessee shall furnish to the Superintendent of Central Excise at the time of filing his return for the first time a list in duplicate of the following:.
All the records prepared or maintained by the assessee for accounting of transactions in regard to. Whether a return which is filed can be revised? If yes, then how many times it can be revised? Therefore, a return which is filed can be revised to correct a mistake or omission. The time limit provided for revision of return is 90 days from the date of submission of the return under Rule 7. The rule also explains that, for the purpose of recovery of service tax under Section 73 Issue of Show Cause Notice the date of submission of such revised return will be considered as relevant date to calculate the time limit for issue of Show Cause Notice.
What if I have not filed the returns within the prescribed due date? Rule 7C of Service Tax Rules, has the reply to the above question. Amount to be paid for delay in furnishing the prescribed return. Provided that the total amount payable in terms of this rule, for delayed submission of return, shall not exceed the amount specified in section 70 of the Act:. Provided further that where the assessee has paid the amount as prescribed under this rule for delayed submission of return, the proceedings, if any, in respect of such delayed submission of return shall be deemed to be concluded:.
Provided also that where the gross amount of service tax payable is nil, the Central Excise officer may, on being satisfied that there is sufficient reason for not filing the return, reduce or waive the penalty. Where an assessee is filing the ST-3 return after the due dates that are prescribed, he makes himself liable for payment of late fees as imposed by Section 70 read with Rule 7C of Service Tax Rules, The maximum late fee prescribed by the statute is Rs. The mechanism of calculation of late fee is as below:.
Delay of 31 st day Onwards — Late Fee of Rs. When an assessee remits this late fee and files the return, for a particular period, then proceedings if any, in respect of such delayed submission of return alone shall be deemed to be concluded.
The rule also provides that, in case of a NIL Return, i. What is the method to file the Service Tax Return? Therefore, all the assessees are now required to file their half yearly service tax return by electronic mode only. The extract of the circular is as produced below:. The assesses can electronically file statutory returns of Central Excise and Service Tax by choosing one of the two facilities being offered by the department at present:.
What are the steps for preparing and filing returns? The return preparation utility contains preliminary validations which are thrown up by the utility from time to time. Assessee can track the status of the return by selecting the appropriate option in the RET sub menu. The rejected returns can be resubmitted after corrections. Validation of the entries made while filling return. This validation process is automated.
The user is prompted by the application software to correct the particulars entered wherever required. In respect of certain entries, although the application alerts the assessee about any entry found erroneous or inconsistent, as per the automated validation process, the assessee is still allowed to proceed further to complete data entry of the return and finally submit it electronically.
But in some cases the assessees are not allowed to proceed further unless the error indicated is corrected. A return filed electronically is subject to automatic verification process by the application and defective returns are marked to the departmental officer for review and correction.
While reviewing the return the officer may seek some clarification from the assessee, call for some information, records or documents which should be furnished by the assessee.
In case of review and correction of returns by the departmental officers, assesses will receive a message from the application and they can log in to the application to view the reviewed returns online.
Returns, captured off-line using the Downloadable utility and uploaded later on, are further subjected to certain validation checks. The assessees are required to correct the return and upload it again. There is no provision in ACES application to allow assessees to make corrections to the returns filed by them. However, if the return is rejected, the assessee can correct the errors and upload it again.
The assessees are, therefore, advised to take utmost care while fill-in in the returns. They may, however, bring it to the notice of the departmental officers. Acknowledgement of E-Filing of the return. A unique document reference number is generated which consist of digit registration number of the assessee, name of the return filed, the period for which return is filed etc. This is also automatically communicated to the email id of the assessee by the application. In the case of an uploaded Central Excise return, using offline utility, similar acknowledgement is generated and sent after the acceptance of the return by the system as a valid return i.
These CFCc will provide a host of services to the assessees such as digitization of paper documents like returns etc. For this purpose, assessees are required to write to the department authorizing one of the CFCs, from the approved list, to work in ACES on their behalf.
In case the assessee wants to withdraw the authorization, it can do so by intimating the department. It is the legal responsibility of the assessees, who are required to file returns, to file it within the due date as prescribed under law. The electronic filing of returns is mandatory for all. It may, however, be noted that merely uploading the returns will not be considered as returns having been filed with the department.
In case the assessee experiences any difficulty in transacting in ACES such as filing of return,. Since the department maintains logs of such technical failures, in case of any dispute, the decision of the department will be final.
During the time of saving the return and taking print out for verification, if the website is left idle for 30 minutes, the session may expire. Hence, during this time, if it is possible to review and file within 30 minutes, you can proceed to file. Else, you can still save the return and log out and check your saved return. During the time of filing of return online, in case, you are unable to complete the return and it is left half way due to say power failure or network connectivity,..
Part-1 : www. Email: [email protected]. How to file the service tax revised return and What should we do if we were unable to file revise return in the stipulate time of 90 days. Is there any other way to revise the return? Year 1 : If 1st time Invoice crosses Rs 10 lakhs, then is service tax to be paid on value above Rs 10 lakhs or the entire amount?
Year 2 : If business is such that Invoice value is less than Rs 10 lakhs, then is ST to be paid on full amount even if the value is less than Rs 10 lakhs? Its very well drafted, please confirm if i have paid less service tax in original return and return not revised in 90 days. What should we do if we were unable to file revise return in the stipulate time of 90 days. Is there any other way to revise the return. Could you provide me detail about how to file TDS return Online, and its filing procedure.
My mail Id : [email protected]. Can a proprietary Consultancy Firm. Dear sir, As, We inform you that we recently filled a st-3 ret oct-dec ,but by mistake two company tin no. So, give me proper guide line for revise return,time for that, and penalty if any. Dear sir, As, We inform you that we recently filled a st-3 ret oct-mar ,but by mistake two figure is filled by us wrongly. Out of 5, only 4 services are provided in a particular month. In this case 1 Do i have to file NIl return for no service?
Till September, there was no raised invoice or no payment or no service tax amount. My question is—for which period 1st return to be filed?? Respected Sir I filled the ST3 in offline mode. But I modified that return that wise how to modified this return? Please provide the process for the same. Sir, i am a doctor,but did not practice. Thanks for the information. Can u tell me whether it is required to submit the hard copy at Service tax office after online return?
Our Company got registered under Service tax in this July so in this case kindly let me know if we are liable to file an nil return for the period of April 12 to June Is it necessary that the hard copy has to be filed with the local service tax authorities if filed electronically. Your email address will not be published.